When was Cake founded?

Cake was founded in 2021 and raised its 1st funding round 3 years after it was founded.

Where is Cake located?

Cake is headquartered in New York, United States.

Is Cake a funded company?

Cake is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Dec 04, 2024.

When was the latest funding round of Cake?

Cake's latest funding was a $***** Seed round on Dec 04, 2024, with participation from 6 investors. Its primary sector is AI Infrastructure. In United States, the AI Infrastructure sector has seen $63.6B in funding in 2026 to date.

Where does Cake rank among its competitors?

Cake ranks 21st amongst 177 active competitors, of which 21 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Vana, which secured an undisclosed amount in Feb, 2025.

Who are the top competitors of Cake?

Cake's top competitors include Hugging Face, Replicate and Flower. Among them, Vana secured the most recent funding round in February, 2025.

Cake - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of an AI development platform with pre-integrated open-source components. The platform allows users to assemble AI stacks using pre-integrated open-source components. It offers a selection of managed commercial and open-source AI tools with pre-built integrations. The platform provides centralized command over a distributed system, offering oversight and collaboration on AI projects. It supports various AI and ML functions, including generative AI, inference, traditional ML, data engineering, and infrastructure.

Key Metrics

Founded Year

2021

Location

New York, United States

Stage

Seed

Total Funding

$13M in 1 round

Latest Funding Round

Seed, Dec 04, 2024, $*****

Investors

Gradient Ventures & 5 more

Ranked

21^st among 177 active competitors

Similar Companies

Hugging Face & 3970 more

View Cake's full profile

Cake has raised a total funding of $13M over 1 round. Its latest funding round was a Seed round on Dec 04, 2024 for $*****. 6 investors participated in its latest round. Cake has 6 institutional investors.

Here is the list of recent funding rounds of Cake:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 04, 2024	7077079	Seed	6062229	6120106	5470449	8424631

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View details of Cake's funding rounds and investors

The founders of Cake is Skyler Thomas.

Here are the details of Cake's key team members:

Skyler Thomas: Co-Founder & CTO of Cake.

View details of Cake's Founder profiles and Board Members

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Top competitors of Cake include Hugging Face, Replicate and Flower. Here is the list of Top 10 competitors of Cake, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Hugging Face 2016, Paris (France), Series D	Platform offering collaborative tools for sharing and deploying machine learning models	$400M	Lux Capital, SV Angel & 32 others	77/100
2nd	Replicate 2018, Berkeley (United States), Acquired	Provider of a cloud-based open-source platform for machine learning models	$57.8M	Andreessen Horowitz, Sequoia Capital & 7 others	68/100
3rd	Flower 2023, Hamburg (Germany), Series A	ML framework for federated learning	$24.1M	Felicis Ventures, First Spark Ventures & 7 others	62/100
4th	Giotto Technologies 2017, Switzerland, Acquired	Developer of reasoning technology designed to advance artificial general intelligence	$5.02M	FasterCapital, Park House Partners	60/100
5th	Vana 2021, San Francisco (United States), Series A	Open internet for users to own data and AI models	$25M	Paradigm, Coinbase & 4 others	59/100
6th	Iterative AI 2018, San Francisco (United States), Series A	Provider of ML platform	$25M	468 Capital, Locus Ventures & 4 others	56/100
7th	All Hands AI 2024, Pittsburgh (United States), Seed	Open-source software development agent	$5M	Menlo Ventures, Betaworks & 6 others	55/100
8th	Featureform 2020, United States, Acquired	Provider of AI-based open-source platform offering data orchestration	$8.1M	Zetta Venture Partners, GreatPoint Ventures ... & 3 others	53/100
9th	Unify 2021, London (United Kingdom), Series A	Web platform tool to integrate AI models, libraries, frameworks, and hardware	$8.5M	Y Combinator, SignalFire & 18 others	51/100
10th	Outerbounds 2021, San Francisco (United States), Series A	AI-based open-source machine learning platform	$24M	Amplify Partners, Greenoaks & 2 others	51/100
21st	Cake 2021, New York (United States), Seed	Provider of an AI development platform with pre-integrated open-source components	$13M	Alumni Ventures, Primary Venture Partner & 4 others	37/100